Business
Business news, markets, and economy
Proposed California wealth tax sparks debate: Will billionaires leave the state?
A proposed first-of-its kind tax would target California's nearly 250 billionaires in an effort to fund health care. If voters pass it, will the state's economy...
Chinese court sentences founder of property developer Evergrande to life in prison
Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more tha...
The U.S. debt tops a record-shattering $40 trillion. Yes, with a T.
The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates —pushing...
FCC's lone Democrat says Disney 'has found its courage' in lawsuit against agency
The Walt Disney Company is suing the FCC, alleging a violation of First Amendment rights by challenges to its ABC broadcast licenses. NPR's Leila Fadel speaks w...
Trump says U.S. and Canada reached deal to delay 50% U.S. tariffs on Canadian imports
President Trump said he was delaying the 50% U.S. tariffs on Canadian imports after the two countries reached a last-minute deal less than two hours before the...
ABC and Disney sue FCC, alleging First Amendment violations
The ABC Network has sued the Federal Communications Commission, alleging that the Trump administration is violating its First Amendment rights by challenging AB...
'Profits won.' The child safety trial against Meta kicks off in federal court
Opening arguments are underway in a trial that pits four states against the company that owns Facebook and Instagram. They allege that Meta knew its products co...
Living with nuns: Priced out of D.C., young women found low rent with unlikely roommates
For 10 years, a Catholic-run home offered young women an affordable place to live in the nation's capital as they studied and launched careers. Now, that commun...
Car problems? No childcare? How an app is helping people get to work
Unexpected absences can cost employers tens of thousands of dollars a month. An app that helps workers with last-minute transportation, food and childcare is ma...
Feds probe 'mention markets' amid White House Kalshi controversy
Betting on what people say is becoming an increasingly popular category of prediction market sites. Now, federal officials have opened a probe examining whether...
Trump sued over service selling faster access to Truth Social posts
The federal lawsuit alleges that the service from the president's media company violates the Constitution. Meanwhile, Trump Media executives say they have signe...
Inflation eases in July as gasoline and grocery prices fall
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need t...